Comparison of Coinzoom vs Biking [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Coinzoom vs Biking comparison!

Your expert: Alejandro Borja

coinzoom

Coinzoom

  • Threenvest valuation: 3,6/5
  • US legal: Yes
  • Security: High 4,5/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

biking

Biking

  • Threenvest valuation: 3,4/5
  • US legal: No
  • Security: High 4/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Main points

Fees

0,18%/0,44%

Earns

No

Customer service

4/5
0,10% /0,20%

Fees

Yes

Earns

2/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

No

Buy and hold

Yes
No

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.9 – Competitive fees with additional benefits for cardholders.
3.7 – Competitive fees but some charges for premium features.

Level

0,18%/0,44%
0,10% /0,20%

Brief explanation

CoinZoom implements a competitive and transparent fee structure, tailored to benefit both high-volume and casual traders. For spot trading, fees are tiered based on the trader’s 30-day trading volume, starting from 0.20% for both makers and takers, and decreasing with increased trading activity. This system incentivizes frequent trading while maintaining affordability for newer users. Additionally, CoinZoom’s derivatives trading includes a separate fee schedule, ensuring that fees remain competitive across different market conditions. Overall, the fee strategy at CoinZoom is designed to accommodate a wide range of trading strategies and volumes, making it an attractive platform for diverse trading needs.
BiKing Exchange employs a competitive fee structure designed to accommodate both casual and high-volume traders. The platform charges a basic trading fee, with discounts available based on trading volume, encouraging active trading. This tiered fee approach ensures that both small-scale traders and large investors can operate efficiently. The fees are structured to be transparent and are clearly communicated on the platform, making it easy for users to understand how much they will be paying per transaction. This setup not only fosters a fair trading environment but also enhances the overall trading experience by minimizing unexpected costs.

Coinzoom

coinzoom
Read coinzoom review
  • Year Founded: Launched in 2021, CoinZoom has quickly established itself in the competitive crypto market, signaling robust infrastructure and strategic vision.
  • Customer Service: The platform is known for its responsive customer service, which is crucial for user trust and satisfaction, ensuring that any issues are promptly addressed.
  • Security Methods: CoinZoom employs stringent security protocols, ensuring the safety of user funds and information with state-of-the-art encryption and multi-factor authentication.
  • Reputation and Reviews: Although relatively new, CoinZoom has garnered positive reviews for its user-friendly interface and the innovative Flipster Earn Pool, enhancing its reputation among traders.
  • Volume Managed: CoinZoom handles a significant volume of trades, reflecting its capacity to manage high liquidity, which is essential for executing large trades efficiently.
  • Pros
  • User-friendly interface, easy navigation.
  • Strong security measures implemented.
  • Supports diverse cryptocurrency options.
  • Cons
  • Limited advanced trading tools.
  • Customer support options restricted.

Read coinzoom review

Biking

biking
Read coinzoom review
  • Security Methods: BiKing Exchange employs robust security protocols, including multi-layer encryption, deep cold storage for funds, and multiple offline signatures for transactions. These measures provide strong safeguards against unauthorized access and loss of funds, establishing a secure trading environment.
  • Year Founded: Since its establishment in 2017, BiKing Exchange has shown consistent growth and stability in the highly volatile crypto market. This longevity is a testament to its adaptability and commitment to serving its users effectively, building trust over time.
  • Reputation and Reviews: The exchange has maintained a positive reputation within the cryptocurrency community. User reviews often highlight the reliability, user-friendly interface, and the responsive customer support provided by BiKing, indicating a high level of satisfaction among its clients.
  • Trading Volume and Liquidity: BiKing Exchange supports significant trading volume and liquidity, ensuring that users can execute trades quickly and at desired prices. This capability is crucial for both casual and serious traders who need to manage their portfolios efficiently and capitalize on market opportunities.
  • Customer Service: The platform provides 24/7 customer support, ensuring that user queries and issues are addressed promptly. This commitment to customer service enhances user trust, as participants know they have continuous support for any issues they might encounter.
  • Pros
  • Robust multi-layer security measures.
  • Professional, world-class technical team.
  • 24/7 responsive customer support.
  • Cons
  • No fiat currency support.
  • Limited cryptocurrency selection.

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Product selection

Native token

No
No

Earns

No
Yes

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

CoinZoom, Inc.
Biking Technology Co., Ltd

Regulation

Regulated in the EE. UU.
Not regulated

Year founded

2018
Unknown

Founder

Todd Crosland
Unknown

Payment methods

Transfers

Yes
No

Mastercard

Yes
No

Wire transfer

Yes
No

Card

Yes
No

Comparative table

Coinzoom FEATURES Biking
CoinZoom allows for flexible trading sizes, catering to both beginners and those looking to execute smaller transactions, making it highly accessible.
Minimum Trade
BiKing offers a reasonable minimum trade limit, accommodating both small and large traders.
CoinZoom offers competitive trading fees, especially attractive for high-volume traders. Fees are tiered based on activity, encouraging more frequent trading.
Trading and Transaction Fees
The exchange boasts low trading fees at 0.01% for both makers and takers, promoting active trading.
CoinZoom supports trading in over 120 cryptocurrencies, providing a diverse range of options for traders looking to explore different digital assets.
Number of Cryptocurrencies
While BiKing supports major cryptocurrencies like Bitcoin and Ethereum, it has a more limited selection compared to larger exchanges.
The platform boasts a broad selection of crypto-to-crypto trading pairs, offering robust market depth and trading flexibility.
Crypto-to-Crypto Trading Pairs
Offers a modest range of crypto-to-crypto trading pairs, sufficient for mainstream traders but less so for those seeking variety.
CoinZoom’s website provides clear and detailed information on trading conditions and fees, though it could improve by offering more insights into its security practices and fund management.
Website Transparency
BiKing provides clear information about trading fees and security measures but could improve on regulatory disclosures.
Currently, CoinZoom does not offer a dedicated exchange card for in-store purchases or other benefits, which could be a point of improvement.
Credit/Debit Card
Without a dedicated exchange card, users of BiKing Exchange may miss out on the convenience and rewards typically associated with such cards in the cryptocurrency space.
CoinZoom ensures the security of digital assets with cold storage solutions, enhancing safety against potential cyber threats.
Storage Offering
Utilizes secure cold storage solutions to ensure the safety of user funds against potential threats.
While CoinZoom offers some forms of passive income through its Flipster Earn Pool, it lacks a comprehensive range of staking options found on some other platforms.
Staking and Rewards
Offers staking options and rewards, although the range and returns are somewhat limited compared to competitors.
CoinZoom provides a highly rated mobile app and desktop platform that are user-friendly, ensuring traders can operate efficiently on any device.
Mobile App and Desktop
Both the mobile app and desktop platform are user-friendly and robust, offering a seamless trading experience.
CoinZoom offers responsive customer service, though there is room to enhance support channels and decrease response times.
Customer Service
Provides 24/7 customer support with good response times and helpful assistance.
Deposits and withdrawals are handled efficiently, with multiple crypto options available. However, adding support for fiat currencies could improve accessibility and convenience.
Deposit and Withdraw
Efficient deposit and withdrawal processes, though limited by the lack of fiat currency support.

Key features

Analysis tools

Advanced charting tools, indicators
Unknown

Mobile APP

No
No

Security

High 4,5/5
High 4/5

Additional features

Crypto debit card, staking, ZoomMe payment service, CoinZoom Earn
Social trading, copy trading, margin trading, futures contracts

Anonymity

No
Yes

Key points

Available cryptocurrencies

50+
50+

User-friendliness

CoinZoom provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.
Biking offers an intuitive platform with a user-friendly interface, ideal for beginners. The platform’s design ensures that users can easily navigate and execute trades without encountering unnecessary complexity.

Value for money

Delivers reasonable value for money with competitive fees and a user-friendly platform, making it a good choice for beginners.
Provides reasonable value for money with competitive fees and a user-friendly interface, suitable for both beginners and experienced traders.

Countries of operation

United States, Canada, Europe, Australia, Singapore
United States, Canada, United Kingdom, Australia, Germany

Best for

Ideal for traders of all experience levels looking for a platform with a wide range of cryptocurrencies and competitive fees.
Ideal for both new and seasoned traders who want a user-friendly interface and competitive fees.

Base currencies available

USD, BTC
CNY, BTC, USDT

Account

Trading

CoinZoom offers a secure platform with easy fiat integration and a wide range of cryptocurrencies. It has competitive fees but lower liquidity compared to larger exchanges.
Biking is a smaller exchange that provides basic trading functionalities. It’s suitable for beginners but may not meet the needs of advanced traders due to its limited tools and lower liquidity.

Deposit and withdrawal

CoinZoom provides multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.
Biking offers standard deposit and withdrawal methods like bank transfers and crypto deposits. Withdrawal times are moderate, and fees are generally low.

Account opening process

CoinZoom provides a straightforward and fully digital account registration process. Users need to submit personal information and verify their identity. The process is quick and typically takes less than a day to complete.
Biking’s account opening process is straightforward, requiring personal information and identity verification. The process is quick and fully digital, making it easy for users to start trading within a short period.

KYC required?

Yes
No

Customer Service

CoinZoom provides extensive customer support via email, live chat, and phone. The support team is responsive and available 24/7, making it reliable for users globally.
Biking offers customer support through email and live chat. The response time is generally quick, but the support team is not available 24/7, which may be inconvenient for some users.

Security

CoinZoom offers extensive security features, including 2FA and encryption. It is regulated by U.S. authorities, ensuring high security for investors.
Biking offers robust security features, including 2FA and encryption. However, it lacks regulation from major financial authorities, which might be a concern for some investors regarding the safety of their funds.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As one of the experts reviewing CoinZoom here at our website, I must say that this platform truly impresses with its wide array of trading options and exceptional liquidity, especially for altcoins. CoinZoom’s innovative features, like the Flipster Earn Pool, provide both new and seasoned traders with unique opportunities to maximize their investments. Whether you’re looking to actively trade or earn passively, CoinZoom offers a comprehensive, user-friendly experience that caters well to the diverse needs of the crypto community.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert on our website, I’d recommend BiKing Exchange for traders prioritizing security and low transaction fees. It’s particularly well-suited for those dealing primarily in major cryptocurrencies like Bitcoin and Ethereum. While the platform could improve by expanding its cryptocurrency selection and adding fiat currency support, its robust security measures and user-friendly mobile and desktop applications make it a solid choice for both new and experienced traders seeking a reliable trading environment.

View all comparisons against Coinzoom

View all comparisons against Biking

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Coinzoom and Biking